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  • Writer's pictureVenture Philly Group

4 Philadelphia Neighborhoods to Invest in 2023

Philadelphia is one of the fastest-growing cities in the United States, with a diverse population, a rich history, and a booming economy. As the city continues to grow, many investors are looking for neighborhoods that offer good opportunities for growth and appreciation. Here are four Philadelphia neighborhoods to consider for investment in 2023.

1. Olde Kensington

Where is it: Tucked away between Northern Liberties and Fishtown. What makes it special: Over the past few years, Olde Kensington has converted from an industrial corridor to an up-and-coming Philly hot spot. A number of vacant factories have been converted into lofts and condos, making the entire area a cool place to live. Crane Arts, which used to be a plumbing warehouse in the area, is now a contemporary art exhibit. It’s evolving into an area for hip crowds and creatives to explore and call home.

Available Old Kensington Properties:

2. Brewerytown

Where is it: A North Philly neighborhood just above Fairmount. It runs from the Schuylkill River’s Eastern bank to 25th Street.

What makes it special: Brewerytown is another neighborhood that has seen significant growth and development in recent years. Located just north of Fairmount Park, Brewerytown was once home to many breweries and factories but has since transformed into a vibrant community with a mix of residential and commercial properties. The neighborhood's revitalization has attracted new residents and businesses, and property values have risen by

over 15% in the past year. With new development projects underway, including a major mixed-use development on the site of a former brewery, Brewerytown is an excellent neighborhood for investors looking for growth opportunities.

Available Brewerytown Properties:

3. Wharton

Where is it: This South Philly neighborhood sits on west of Pennsport, and east of Point Breeze.

What makes it special: Wharton is a diverse and vibrant neighborhood located in South Philadelphia, Pennsylvania. It is named after the major street that runs through its center, Wharton Street. The neighborhood is home to a mix of residential and commercial properties, with many row houses, small businesses, and community spaces. Wharton is also known for its thriving food scene, with many restaurants, cafes, and bakeries serving up delicious dishes from around the world.

Available Brewerytown Properties:

4. Graduate Hospital

Where is it: The neighborhood is bordered on the north by South Street, on the south by Washington Avenue, on the west by the Schuylkill River, and the east by Broad Street.

What makes it special: Graduate Hospital, also known as "G-Ho," is a popular neighborhood located just south of Center City. It is home to many young professionals and families who enjoy the neighborhood's trendy restaurants, bars, and shops. The real estate market in Graduate Hospital is strong, with property values increasing by over 10% in the past year. With new developments in the works, including a major mixed-use project on the site of a former hospital, Graduate Hospital is a neighborhood to watch in 2023.

Available Graduate Hospital Properties:


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